Hello again everyone!
I hope you are having a productive week so far.
Although I know we all have a lot to read for school, I thought I would share a few book recommendations that were passed on to me. Academic life at Stockholm Business School is quite theoretical, and I try to balance the readings we do in class with some more practical literature as well.
I was in a meeting with a company in Stockholm a few weeks ago, on behalf of Marknadsakademien, and three books were recommended to the Business World Committee team members who participated as good reading for young professionals.
1. Good to Great by Jim Collins
This book asks a single question: “Can a good company become a great company, and if so, how?” Good to Great shows that greatness is not primarily a function of circumstance, but largely a matter of conscious choice, and discipline. This book discusses concepts like Level 5 Leadership, First Who (first get the right people on the bus, then figure out where to drive it), and the Flywheel.
2. Built to Last by Jim Collins
Jim Collins and Jerry Porras examined eighteen iconic and long-lasting companies and studied them in comparison to top competitors within their specific industry. They looked at the companies from their conception to present day – as start-ups, midsize companies, and large corporations. The main research question was “What makes the truly exceptional companies different from the comparison companies and what were the common practices these enduringly great companies followed throughout their history?” The book is chalk full of hundreds of examples and made up of practical concepts that can be applied by managers and entrepreneurs at all levels.
3. Only the Paranoid Survive
Andrew S. Grove, the President and CEO of Intel Corporation wrote a book about how Intel survived the changes in the computer industry. The lessons that he imparts in this book can be applied on a practical and managerial level to any other industry that experiences rapid and/or drastic change. The effects may just be more clearly and quickly seen in the computer industry.
For now, I will have to add these books to my summer reading list, as we have so much reading for school, but for those of you with a keen interest in business, I wanted to share these recommendations with you! Happy reading.